Wages
This coverage examines wage trends and policies in the UK retail sector, focusing on pay levels, employer contributions, labour cost management, and compliance. Reporting highlights how changes in wages impact staffing budgets, recruitment, retention, and operational planning — offering insight for executives, HR leaders, and finance professionals managing workforce investments.
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Mar- 2023 -27 MarchHealth & Beauty
Superdrug opens its largest Scottish store in Braehead
Superdrug has opened its biggest store in Scotland – located in Braehead Shopping Centre. Superdrug said the 9,324sq ft store means customers will have access to exclusive brands, the latest health and beauty products and luxury fragrances and has also created 10 new jobs in the local area. The store…
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23 March
Amazon staff set for more strikes after ‘insulting’ pay offer
Amazon workers in the UK are planning further strikes after receiving what they called an “insulting” 50p-an-hour increase in base pay for warehouse workers. Amazon stated that it will increase the minimum starting salary of its UK workforce by at least 50p to between £11 and £12 per hour from…
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16 MarchHigh Street
Superdrug raises pay for newly-qualified pharmacists
Superdrug has announced a pay increase for newly-qualified pharmacists that will see their wages rise to £50k. The news comes as the high street drugstore is actively recruiting for 200 roles, while also introducing a new ‘financial wellbeing’ package. There are currently 155 pharmacists working for Superdrug, with an average…
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14 MarchEconomy
Retail jobs at lowest four quarter average in over a decade
The number of retail jobs in the UK was down to its lowest average four quarter level in over a decade, according to ONS Labour Market figures. The four quarter average dropped to 3.05 million retail jobs in December 2022, down from 3.08 million in December 2021. The overall number…
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Feb- 2023 -24 FebruaryDIY
B&Q and Screwfix staff to receive 8% pay rise
Kingfisher is reportedly set to increase the hourly pay rate for its B&Q and Screwfix staff by more than 8% year-on-year, Retail Week has revealed. The changes will be effective from the beginning of the new financial year. Shopfloor workers across both businesses will see their pay rise to £10.60…
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21 FebruarySupermarkets
Tesco gives staff third pay rise in 10 months
Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This represents the third pay increase given out by the supermarket in the last 10 months and an investment of more than £230m. The combined investment in hourly pay over the…
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6 FebruaryEconomy
Trade bodies urge Govt to reform ‘broken’ apprenticeship levy
Four trade bodies within UK retail and hospitality, including the BRC, have called on the government to reform the “broken” apprenticeship levy system, as so far, £3.5bn has reportedly expired before businesses could make use of it. This call on the government comes as businesses were also unable to meet…
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Jan- 2023 -25 JanuarySupply Chain
300 Amazon warehouse workers hold first UK strike
The GMB union has organised a strike for about 300 Amazon warehouse employees out of 1,000 at the e-commerce retailer’s Coventry depot today (Wednesday 25 January), the first to be held in the UK. The union has been working to boost its presence at the company, as today’s strike action…
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Dec- 2022 -16 DecemberEconomy
Consumer confidence remains at ‘historic lows’ in December
GfK’s Consumer Confidence Index increased by only two points in December to -42, with confidence still sitting at “historic lows”. This marked the eighth month in a row in which the Index has remained at around -40 or lower, the first time this has happened since the GfK’s records began…
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Nov- 2022 -17 NovemberEconomy
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax cuts and spending cuts totalling £55bn in the Autumn statement. As part of the new measures, Hunt confirmed that tax as a percentage of GDP will rise by over 1%…
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